4 ms·
Everybody who bought the non voting stock did so voluntarily, understanding the structure before doing so.
by davnicwil 4y ago
Everybody who bought the non voting stock did so voluntarily, understanding the structure before doing so.
- ketzo 4y ago> voluntarily unless they were doing so through an index fund like a significant majority of public capital > understanding the structure I would bet against every Facebook shareholder understanding at the time of investment; I would bet against even a majority thinking through the long-term ramifications I understand your point — it’s a free market, nobody MAKES you buy stock — but I still don’t think it’s a reason to totally write off all the implications of a dual-class share structure for one of the biggest companies in the world.